Throughout our lives we are constantly managing risks. Whether we are driving a car, planning a trip or updating our insurance policy, we are assessing and reacting unconsciously to these everyday activities. But, when it comes to business administration, assessing risks is a crucial and very conscious practice. At work, we may describe risk management as the framework that defines how an organisation handles both operational and financial risks.

During this course you will gain foundational knowledge of risk management concepts and processes. From setting objectives, identifying risks, risk assessment, defining responses and monitoring, you will be armed with a set of references and tools that you can rely on to make decisions about how to best manage risk.

Instructions for enrolling in each micro-credential:

1. Read the rest of the instructions below before you click ‘Enrol’ above.
2. If you don’t already have an account, you’ll need to create one. Make sure you use your VPS email address.
3. Accept the terms and conditions and confirm your enrolment.
4. IMPORTANT: The confirmation page offers a ‘Continue Shopping’ option, which takes you to RMIT micro-credentials that are not part of this initiative. Ignore this option and return to the catalogue page (https://rmit-catalog.rmit.edu.au/browse/catalog/rmitonline/vps)